Bus

DesignLine files for bankruptcy protection

CHARLOTTE, N.C. — DesignLine filed for bankruptcy protection late last week, following several weeks of furloughs and layoffs, according to the Charlotte Observer.

The bankruptcy filing lists assets of $14 million and debts of $37.5 million. New Jersey Transit, the company’s largest creditor, claims $3.6 million in payments for buses it has not received. For the full Observer report, click here.

DesignLine’s board of directors approved the voluntary bankruptcy filing at a meeting last Monday, according to the Charlotte Business Journal. For the full story, click here.

Each bus is equipped numerous safety features including security cameras, an audible safe turn alert system, and curbside and street-side turn aid lights, as well as a factory-installed driver’s barrier to increase bus operator safety.